- The Great American Bubble Machine : Rolling Stone
required reading for the 4th of July: "Goldman's role in the sweeping global disaster that was the housing bubble is not hard to trace. Here again, the basic trick was a decline in underwriting standards, although in this case the standards weren't in IPOs but in mortgages. By now almost everyone knows that for decades mortgage dealers insisted that home buyers be able to produce a down payment of 10 percent or more, show a steady income and good credit rating, and possess a real first and last name. Then, at the dawn of the new millennium, they suddenly threw all that shit out the window and started writing mortgages on the backs of napkins to cocktail waitresses and ex-cons carrying five bucks and a Snickers bar." - Surreality Only Beginning | TPM
please file this under "batshit crazy": "It looks like a duck and quacks like a duck. Either Palin is resigning ahead of some titanic scandal (which should emerge in short order if it exists) or her resignation was triggered by an even more extreme mental instability than we'd previously suspected." - Travelling Surf Enforcer for Hire (Windandsea to O'side Harbor)
What I'm selling here is one week of regulation at your break. This includes intimidation and violence against the donkeys sporting SUP's, sponges, Stewart longboards, and funboards…. (via @surfysurfy) - Ruins of the Second Gilded Age – The New York Times
Photo essay with captions by Edgar Martins documenting the recent real estate bust in the United States. "People are present in these images, bit not physically. You trace their action, the destruction they left behind." – amazing. - "Nearest Tube" Augmented Reality App for iPhone
We've been hearing a lot about "augmented reality". Here is a perfect video example of how "augmented reality" will help your daily life. think of this as an simple version of how this concept will change our lives in the future.
What is Quality Peoples?
Hi, my name is Ed. I’m a graphic designer who lived in L.A. I quit my job, sold my car, rented out my house and moved to Mexico. Along the way, I learned how to surf and fell in love. This blog is my story. In these pages I write about and photograph my daily experience. I also post about things I find interesting: art, design, photography, music, tech, etc...